The Gujarat High Court censured a GST officer for depending on unverified AI-produced court citations, which proved fictitious. The errors impacted a matter involving Marhabba Overseas Private Limited. The court called for thorough verification and prudent use of AI in…
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Fino Payments Bank’s Managing Director and CEO, Rishi Gupta, was arrested under CGST and SGST Acts. The bank clarified the investigation involves a business partner, not its GST compliance, and is taking steps to resolve the issue. CFO Ketan Merchant…
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Prime Minister Narendra Modi described public capital expenditure as the cornerstone of India’s economic strategy, noting a marked rise in government infrastructure spending to secure long-term productivity gains. This investment drive forms part of a sustained nation-building effort aimed at…
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Addressing the first post-Budget webinar on ‘Technology, Reforms and Finance for Viksit Bharat’, Modi said public capital expenditure has risen from Rs 2 lakh crore 11 years ago to over Rs 12 lakh crore in the Union Budget 2026-27, laying…
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IIFL Home Finance has secured a $300 million loan from the Asian Development Bank to expand affordable housing lending for low-income families, with a special emphasis on women. A portion of the funds will back green-certified, energy-efficient homes, helping address…
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Since July, over 4,500 employees have been laid off across Indian startups as firms streamline teams, focus on profitability, and pivot toward AI-driven models. Layoffs hit sectors from real-money gaming to home decor, while demand grows for experienced specialists and…
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